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paid for that window. so that's commerce. >> it is. you spoke about deficit spending a moment ago. look one of the problems we have in this country right now, one of the reasons why we can't get economic growth going more than about 2% is because of the deficit that we're running. deficits have a negative impact on the economy. so long term that isn't a good measure is. again if it was a good idea to go around and basically destroying property to create economic growth why don't we blow up a few cities and we can have a lot of economic growth? the real issue is is that we need productive commerce over time. not replacement commerce but long-term. we're talking about --. melissa: like how, lance. how can we do that? >> we need productive commerce. in the short term we'll get half a percent bump to gdp. long term it's a different issue. melissa: jeff, what do you think is the short or long term way we get the economy rolling again if it is not a big storm like sandy? >> really where does prosperity come from? not from deinstructing things and building them back up. it comes from getting t
, we're broke!. >> no, we're not. melissa: we have a 16 droll trillion deficit. we can't throw a way half a billn dollars on a prram that has 16% of workers in a job six mont late if i ran a company with a 16% success rate, i would be out on the street with all of my, and i'm paying for this. you're paying for this. these are tax dollars! this is horrible!. >> 16% success rate is very poor. melissa: it is horrendous. >> this isthe first effort. look, we've done stimulus programs in other industries to get them going in the past, oil, gas, telephones, internet. we've done all these things. we'll have to do this to get the green jobs industry going. we have to start thinki about renewables and so we're not sending our bys and women over to the middle east to fight for oil. melissa: bain capital buys a company, and 16% of the people are employed six months later what do you guys say about bain capital. >> 20% of the companies they invested in went bankru. 8%. grope jobs. melissa:hat means 78% companies in business. 78 versus 16. >> we talk about solyndra like end of the world. melissa:
Search Results 0 to 2 of about 3 (some duplicates have been removed)